Lear Corporation reports results for the quarter ended September 30 - Earnings Summary
Lear Corporation reports results for the quarter ended September 30 - Earnings Summary
Lear Corporation LEA.N reported quarterly adjusted earnings of $3.71 per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $2.79. The mean expectation of fourteen analysts for the quarter was for earnings of $3.37 per share. Wall Street expected results to range from $3.10 to $3.52 per share.
Revenue rose 1.6% to $5.77 billion from a year ago; analysts expected $5.80 billion.
Lear Corporation's reported EPS for the quarter was $2.74.
The company reported quarterly net income of $136.6 million.
Lear Corporation shares had fallen by 0.6% this quarter and gained 2.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.9% in the last three months.
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 11 "hold" and no "sell" or "strong sell." The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy."
Wall Street's median 12-month price target for Lear Corporation is $145.00, about 19% above its last closing price of $117.38
This summary was machine generated from LSEG data October 30 at 02:23 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2026 | 3.37 | 3.71 | Beat |
Jun. 30 2026 | 3.98 | 4.28 | Beat |
Mar. 31 2026 | 3.52 | 3.87 | Beat |
Dec. 31 2025 | 2.80 | 3.41 | Beat |